Skip to content
Edit post

Minister: Ukraine allocates $225,000 to fund 15 'revolutionary' defense tech products

by The Kyiv Independent news desk August 12, 2023 1:33 PM 1 min read
Ukraine's Digital Transformation Minister Mykhailo Fedorov on a work trip in Lviv Oblast on June 30, 2023. (Photo: Fedorov/Telegram)
This audio is created with AI assistance

Digital Transformation Minister Mykhailo Fedorov announced on Aug. 12 that Ukraine has allocated $225,000 to fund 15 "revolutionary" defense tech products.

They include drones resistant to electronic warfare, remote control robots, systems for the search and identification of mines, and AI tools for analysis.

The funding is provided under the Brave1 government initiative, which was launched in April to invest in defense tech innovations that can be utilized by the Ukrainian military, as well as serve as a platform to connect the industry's stakeholders.

"Technology and innovation play a key role in modern warfare," Fedorov wrote on Telegram. "They help bring victory closer and preserve the most valuable thing — the lives of our soldiers."

Fifteen more projects are in the process of making agreements with the government to receive $235,000 of funding.

Fedorov once again encouraged those who have innovative defense tech ideas to apply for government support.

Fighting smarter: Ukraine’s transformation into a military innovator
Before Russia launched a full-scale invasion of Ukraine, 27-year-old engineer Maxim Sheremet was engaged in the manufacturing of commercial drones. He worked for the state defense company Ukroboronprom, a strategic manufacturer of weapons and military hardware in Ukraine, and later at Evolve Dynami…

News Feed

8:42 PM

US-based CourtAvenue acquires Ukrainian AI firm BotsCrew.

CourtAvenue, an American artificial intelligence solutions company ranked among the fastest-growing private companies in the U.S., has acquired a controlling stake in BotsCrew, a Ukrainian company that develops chatbots for business, BotsCrew announced in a press release on Feb. 11.
6:02 PM  (Updated: )

US Treasury Secretary to visit Ukraine, meet Zelensky.

U.S. Treasury Secretary Scott Bessent will visit Ukraine this week to discuss a potential deal between Kyiv and Washington on critical minerals, Bloomberg reported on Feb. 11, citing undisclosed sources.
2:22 PM

Russia records worst-ever ranking in key corruption index.

Transparency International highlighted that Russia's full-scale invasion of Ukraine has further entrenched authoritarianism, with the Kremlin suppressing dissent, redirecting resources to its military agenda, and eliminating independent voices.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.